Iran Is Losing $200 Million a Day — Here's Why

The US Navy just deployed 10,000 troops and 12 warships to seal the Strait of Hormuz — blocking all shipping to and from Iranian ports. Even before the blockade, Iran's IRGC was turning back Chinese COSCO tankers near Larak Island. Now the US has sealed the other side. Bandar Abbas and Kharg Island — which handles 90% of Iran's oil exports — are completely cut off. Oil hit $104/barrel. Iran is losing an estimated $200 million per day. Follow Money Maps for more geopolitics, explained on maps. #iran #hormuz #navy #usnavy #oilprice #geopolitics #middleeast #blockade #military #moneynmaps Created with geotasker.ai